Risk-based Internal Audit Management

In response to the financial crisis, there is a widespread call for greater board accountability and transparency in regard to which risks the board (BoD) accepts and how the risks are being managed. The role of the Chief Audit Executive (CAE) and the Internal Audit function is emerging as pivotal as it supports the BoD and its committees by independently assessing the effectiveness of internal controls and compliance with statutory, legal and regulatory requirements.

Auditors’ need to adopt systematic risk-based audit processes with consistent evaluation of controls across all dimension of the enterprise. It addresses challenges such as multi-layered and intersecting organization structures, compliance with country specific laws and industry regulations (such as SOX, FERC, NERC, Basel II, FDA, FAA, HIPAA, etc.) and the need for conducting audits at remote sites globally.

Join this MetricStream webinar to get a complete perspective on adopting risk-based auditing:

• Improving business performance through risk-based internal audit framework
• Developing risk-based internal audit program for the organization
• Creating a risk-centric environment for managing new threats and challenges
• Enabling technology to cope with the changing role of Internal Audit function

Panelists

Santu Chakravorty GRC Solutions, MetricStream, Inc Sudeep Chatterjee Solutions Manager, MetricStream, Inc